It is interesting to note that, every year, around 54% of students at PTC receive some kind of financial aid. The total percentage of candidates applying to Pickens Technical College who receive the Federal Grant is 49%. In comparison, 54% of the students are awarded the Student Grant, 9% get the Institution Grant, and 49% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $3,204, while the same comes to $2,048 for State Grant receivers and $851 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $2,950. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.